Browsing: Economy

The Federal Reserve could be at the point where it doesn’t need to raise interest rates further, said Philadelphia Fed President Patrick Harker, on Tuesday. “Absent…

(Reuters) -Electric-vehicle parts supplier Proterra filed for Chapter 11 bankruptcy protection on Monday, making it the latest company to go belly up in an industry grappling…

The Federal Reserve just boosted interest rates and may do so again. The most relevant question for ordinary investors is not how high rates will go…

By Lucy Craymer WELLINGTON (Reuters) – Public debt in most Pacific countries is expected to fall in the next 12 months as countries move towards the…

The U.S. trade deficit fell 4% in June to $65.5 billion due to declining imports, reflecting a shift in consumer spending habits as well as a…

By Upasana Singh and Rishav Chatterjee (Reuters) – Australia’s biggest banks are likely to report narrower profit margins in the June quarter as an unprecedented pace…

European Union countries are meant to have placed an array of sanctions on Russia, preventing exports of a host of goods and services, ranging from high-end…

SYDNEY (Reuters) – Australian consumer sentiment slipped in August as a decision by the country’s central bank not to hike interest rates for a second month…

Wholesale inventories in the U.S. fell 0.5% in June following a similarly large decline in the prior month, a sign that businesses are stockpiling fewer goods…

Americans are increasingly turning to their credit cards to cover everyday expenses, with debt surpassing $1 trillion for the first time at the end of June,…